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...Cathay Pacific reported its highest annual profit in more than a decade as strong travel demand buoyed the Hong Kong flag carrier’s earnings, with its chair declaring: “In 2023, we finally left the Covid...
...For an airline with the marketing slogan “Move Beyond”, Cathay Pacific is struggling to put its many troubles behind it....
...Hong Kong’s Cathay Pacific Airways is offering discounted fares from mainland China to the territory to help authorities boost voting turnout in a “patriots only” local election next month....
...Corporate updates: Hong Kong’s Cathay Pacific Airways and Taiwanese electronics manufacturer Pegatron announce fourth-quarter earnings....
...Other airlines including Lufthansa, Cathay Pacific and the major US carriers suspended flights earlier this week....
...“Cathay Pacific has largely preserved its market share,” said JPMorgan’s Karen Li in a note last month....
...Cathay Pacific Airways expects to report a profit of up to HK$4.5bn ($576mn) in the first half on the back of a surge in demand for travel....
...Earnings: Hong Kong’s flagship carrier Cathay Pacific Airways and China’s biggest hotel operator Huazhu Group are set to report their third-quarter results....
...Cathay Pacific, Ryanair and Lufthansa were among the airlines to suspend flights after warnings from air safety agencies that carriers should exercise caution when flying into Israeli airspace....
...Its slow reopening has affected Cathay Pacific, which is also reeling from labour shortages....
...Cathay Pacific cabin crews are set to launch industrial action over the Christmas and new year holidays, in a blow to the Hong Kong carrier’s recovery from a pandemic that crippled flights and slashed passenger...
...“It is much regret that we have to announce that flight attendants union will shortly implement its plan of ‘work to rule’,” the Cathay Pacific Airways Flight Attendants Union said in a statement late on...
...Need to know: business Hong Kong’s Cathay Pacific Airways is offering discounted fares from mainland China to help authorities boost voter turnout in a “patriots only” local election next month, highlighting...
...Cathay Pacific Airways is expected to increase its average base salaries by more than 3 per cent despite the airline forecasting it would record a “substantial” annual loss this year....
...One Cathay Pacific pilot had been with the airline for more than five years and planned a long career....
...The airline plans to resume its pre-pandemic capacity in full by the end of 2024 or early 2025, Ronald Lam, chief customer and commercial officer at Cathay Pacific, said in an interview....
...Hong Kong flagship airline Cathay Pacific said it expects to stop burning cash in the second half as the group narrowed its losses and delivered its most positive outlook in years after the city shortened...
...When Bismarck’s newly unified Germany began establishing its own African and Pacific colonies in the late 19th century, it made abundant use of these organisations....
...Cathay Pacific’s chief executive said the airline expected to burn up to HK$1.5bn ($192mn) a month for as long as Hong Kong upheld severe pandemic restrictions in response to its worst coronavirus outbreak...
...Air France-KLM and British Airways owner IAG have also reported a return to profit in recent weeks, and predicted that the recovery will continue....
...Cathay Pacific, Emirates and Qatar Airways are among the airlines with routes banned this month....
...The effects of the rules will reach much further than the lifestyles of Cathay Pacific’s pilots and flight attendants....
...When a Cathay Pacific cargo pilot was named in December as one of the first carriers of Omicron in Hong Kong, it was a fitting end to another bleak year for the airline....
...Willie Walsh, Iata’s director-general and a former boss of British Airways, said the economic recovery highlighted the airline industry’s “resilience”. “The expected profits for 2023 are razor thin....
...The city has for many years claimed the title of the busiest airport in Asia, and is set up as a vital air bridge to the rest of the Asia Pacific for those coming from Europe, and a passage for business...
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